Period
to 25 September 2021

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 25 September 2021 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
England > London
6 months to
25 Sep 2021
Same period 2020 Same period 2019
Rank 367 292 472
Rank change year-on-year -75 +180 -19
Contract jobs citing Market Risk 184 65 107
As % of all contract jobs advertised in London 0.54% 0.49% 0.28%
As % of the Miscellaneous category 1.66% 1.32% 0.87%
Number of daily rates quoted 139 42 85
10th Percentile £513 £461 £466
25th Percentile £575 £514 £538
Median daily rate (50th Percentile) £650 £601 £650
Median % change year-on-year +8.12% -7.51% +4.00%
75th Percentile £750 £719 £713
90th Percentile £827 £740 £763
England median daily rate £650 £601 £638
% change year-on-year +8.12% -5.70% +2.00%

Market Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 11,072 4,931 12,246
As % of all contract IT jobs advertised in London 32.75% 36.80% 31.68%
Number of daily rates quoted 8,032 3,554 8,759
10th Percentile £363 £314 £313
25th Percentile £463 £425 £413
Median daily rate (50th Percentile) £560 £538 £525
Median % change year-on-year +4.19% +2.38% -
75th Percentile £675 £663 £625
90th Percentile £750 £750 £700
England median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 159 68 160
10th Percentile £14.45 £13.28 £12.73
25th Percentile £20.49 £21.56 £15.91
Median hourly rate £32.50 £37.00 £22.72
Median % change year-on-year -12.16% +62.89% -3.34%
75th Percentile £49.55 £47.38 £47.50
90th Percentile £64.00 £53.25 £52.50
England median hourly rate £25.00 £31.50 £21.00
% change year-on-year -20.63% +50.00% -

Market Risk
Job Vacancy Trend in London

Job postings citing Market Risk as a proportion of all IT jobs advertised in London.

Job vacancy trend for Market Risk in London

Market Risk
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Market Risk in London.

Daily rate trend for Market Risk in London

Market Risk
Daily Rate Histogram in London

Daily rate distribution for jobs citing Market Risk in London over the 6 months to 25 September 2021.

Daily rate histogram for Market Risk in London

Market Risk
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Market Risk in London.

Hourly rate trend for Market Risk in London

Market Risk
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Market Risk within the London region over the 6 months to 25 September 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -26 50 £625 +4.17% 8
Market Risk
England

For the 6 months to 25 September 2021, IT contractor jobs citing Market Risk also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for Market Risk.

1 118 (64.13%) Finance
2 93 (50.54%) Banking
3 68 (36.96%) Social Skills
4 67 (36.41%) Python
5 57 (30.98%) Investment Banking
6 56 (30.43%) Front Office
7 54 (29.35%) Agile Software Development
8 52 (28.26%) SQL
9 48 (26.09%) Java
10 43 (23.37%) Mathematics
10 43 (23.37%) Analytics
11 37 (20.11%) C#
11 37 (20.11%) Credit Risk
12 31 (16.85%) Apache Spark
13 30 (16.30%) Derivative
14 29 (15.76%) C++
14 29 (15.76%) Financial Institution
15 28 (15.22%) SQL Server
16 27 (14.67%) .NET
17 25 (13.59%) Risk Management
17 25 (13.59%) Test Automation
18 24 (13.04%) Microservices
19 23 (12.50%) Big Data
20 22 (11.96%) Analytical Skills
21 21 (11.41%) SDLC
21 21 (11.41%) Foreign Exchange (FX)
22 20 (10.87%) Physics
23 19 (10.33%) Stress Testing
23 19 (10.33%) Software Engineering
23 19 (10.33%) Problem-Solving

Market Risk
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 31 (16.85%) Apache Spark
2 15 (8.15%) Apache
3 9 (4.89%) GemFire
4 5 (2.72%) Oracle Coherence
5 2 (1.09%) SAS
6 1 (0.54%) IBM HTTP Server
Applications
1 16 (8.70%) Microsoft Excel
2 10 (5.43%) Microsoft Project
Business Applications
1 2 (1.09%) Orchestrade
2 1 (0.54%) Aligne
2 1 (0.54%) Endur
2 1 (0.54%) Loan IQ
Cloud Services
1 15 (8.15%) AWS
1 15 (8.15%) Azure
2 11 (5.98%) GCP
3 8 (4.35%) Amazon EMR
3 8 (4.35%) Datadog
3 8 (4.35%) IaaS
3 8 (4.35%) PaaS
4 5 (2.72%) Power Platform
5 4 (2.17%) Google Data Studio
6 2 (1.09%) Cloud Computing
6 2 (1.09%) OpenShift
7 1 (0.54%) Azure Data Factory
7 1 (0.54%) Azure Functions
7 1 (0.54%) Azure Pipelines
7 1 (0.54%) Azure Synapse Analytics
7 1 (0.54%) Serverless
Communications & Networking
1 2 (1.09%) HTTP
Database & Business Intelligence
1 28 (15.22%) SQL Server
2 23 (12.50%) Big Data
3 17 (9.24%) Data Warehouse
4 10 (5.43%) Hadoop
4 10 (5.43%) NoSQL
5 9 (4.89%) Data Lake
6 8 (4.35%) BigQuery
6 8 (4.35%) DB2
6 8 (4.35%) Delta Lake
6 8 (4.35%) PostgreSQL
6 8 (4.35%) Tableau
7 7 (3.80%) Relational Database
8 6 (3.26%) Flink
8 6 (3.26%) MongoDB
9 5 (2.72%) Power BI
9 5 (2.72%) SQL Server Integration Services
10 4 (2.17%) Data Mining
11 2 (1.09%) Couchbase
11 2 (1.09%) HBase
12 1 (0.54%) Azure SQL Database
Development Applications
1 12 (6.52%) Jenkins
2 10 (5.43%) Hudson
3 9 (4.89%) Bitbucket
4 8 (4.35%) TeamCity
5 5 (2.72%) Git (software)
5 5 (2.72%) JIRA
6 2 (1.09%) Maven
6 2 (1.09%) NUnit
6 2 (1.09%) Octopus Deploy
6 2 (1.09%) Rhino Mocks
6 2 (1.09%) tSQLt
7 1 (0.54%) SpecFlow
General
1 118 (64.13%) Finance
2 93 (50.54%) Banking
3 68 (36.96%) Social Skills
4 57 (30.98%) Investment Banking
5 56 (30.43%) Front Office
6 29 (15.76%) Financial Institution
7 22 (11.96%) Analytical Skills
8 10 (5.43%) Documentation Skills
9 4 (2.17%) Legal
10 3 (1.63%) Back Office
10 3 (1.63%) International Banking
11 2 (1.09%) Influencing Skills
11 2 (1.09%) Presentation Skills
12 1 (0.54%) Marketing
12 1 (0.54%) Organisational Skills
12 1 (0.54%) Prime Brokerage
12 1 (0.54%) Retail
12 1 (0.54%) Retail Finance
Job Titles
1 98 (53.26%) Developer
2 49 (26.63%) Analyst
3 38 (20.65%) Risk Analyst
4 29 (15.76%) Business Analyst
5 28 (15.22%) Java Developer
6 25 (13.59%) Python Developer
7 22 (11.96%) C# Developer
7 22 (11.96%) Market Risk Analyst
8 21 (11.41%) Risk Business Analyst
9 19 (10.33%) Senior Developer
10 16 (8.70%) Banking Analyst
11 14 (7.61%) Market Risk Business Analyst
12 13 (7.07%) C++ Developer
12 13 (7.07%) Senior Java Developer
13 12 (6.52%) Python Engineer
14 11 (5.98%) Front Office Business Analyst
14 11 (5.98%) Investment Banking Business Analyst
14 11 (5.98%) Qualitative Analyst
14 11 (5.98%) Quantitative Analyst
14 11 (5.98%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 27 (14.67%) .NET
2 14 (7.61%) .NET Framework
3 12 (6.52%) Spring
4 11 (5.98%) AngularJS
4 11 (5.98%) ASP.NET
4 11 (5.98%) Entity Framework
5 10 (5.43%) HTML
5 10 (5.43%) HTML5
6 9 (4.89%) ASP.NET Web API
6 9 (4.89%) CSS
6 9 (4.89%) CSS3
6 9 (4.89%) React
6 9 (4.89%) Sass
7 6 (3.26%) .NET Core
7 6 (3.26%) Kafka
7 6 (3.26%) Samza
8 4 (2.17%) Pandas
8 4 (2.17%) Web Services
9 3 (1.63%) RESTful
9 3 (1.63%) Spring Boot
Miscellaneous
1 37 (20.11%) Credit Risk
2 30 (16.30%) Derivative
3 21 (11.41%) Foreign Exchange (FX)
4 17 (9.24%) Fixed Income
4 17 (9.24%) Hedge funds
5 14 (7.61%) Greenfield Project
6 13 (7.07%) Equities
7 11 (5.98%) Grid Computing
7 11 (5.98%) Legacy Systems
8 9 (4.89%) Swaptions
9 7 (3.80%) Credit Derivative
10 6 (3.26%) Equity Derivative
11 4 (2.17%) Animation
12 3 (1.63%) Algorithms
12 3 (1.63%) OTC Derivatives
13 2 (1.09%) Cloud Native
13 2 (1.09%) Legacy Applications
14 1 (0.54%) Hybrid Cloud
14 1 (0.54%) Public Cloud
14 1 (0.54%) Virtual Team
Operating Systems
1 17 (9.24%) Linux
2 16 (8.70%) Windows
Processes & Methodologies
1 54 (29.35%) Agile Software Development
2 43 (23.37%) Analytics
2 43 (23.37%) Mathematics
3 25 (13.59%) Risk Management
3 25 (13.59%) Test Automation
4 24 (13.04%) Microservices
5 21 (11.41%) SDLC
6 20 (10.87%) Physics
7 19 (10.33%) Problem-Solving
7 19 (10.33%) Software Engineering
7 19 (10.33%) Stress Testing
8 16 (8.70%) Unit Testing
8 16 (8.70%) Validation
9 15 (8.15%) Business Analysis
10 14 (7.61%) Model Validation
10 14 (7.61%) Scrum
10 14 (7.61%) TDD
11 13 (7.07%) Business Intelligence
12 12 (6.52%) Statistical Analysis
13 11 (5.98%) User Acceptance Testing
Programming Languages
1 67 (36.41%) Python
2 52 (28.26%) SQL
3 48 (26.09%) Java
4 37 (20.11%) C#
5 29 (15.76%) C++
6 15 (8.15%) VBA
7 12 (6.52%) JavaScript
8 11 (5.98%) T-SQL
9 10 (5.43%) Scala
9 10 (5.43%) TypeScript
10 9 (4.89%) Java 8
10 9 (4.89%) R
11 2 (1.09%) Groovy
11 2 (1.09%) Haskell
11 2 (1.09%) PowerShell
12 1 (0.54%) MATLAB
Qualifications
1 16 (8.70%) Degree
2 5 (2.72%) Computer Science Degree
3 1 (0.54%) CFA
3 1 (0.54%) Numerate Degree
Quality Assurance & Compliance
1 10 (5.43%) Data Quality
2 4 (2.17%) GDPR
3 3 (1.63%) QA
4 2 (1.09%) Basel II
4 2 (1.09%) IFRS
4 2 (1.09%) IFRS 9
System Software
1 13 (7.07%) Docker
Systems Management
1 16 (8.70%) Kubernetes
Vendors
1 14 (7.61%) Oracle
2 10 (5.43%) Microsoft
3 8 (4.35%) AppDynamics
3 8 (4.35%) Splunk
4 4 (2.17%) Google
4 4 (2.17%) Murex
5 2 (1.09%) Bloomberg
5 2 (1.09%) Hortonworks
6 1 (0.54%) Barracuda Networks
6 1 (0.54%) Databricks
6 1 (0.54%) GoldenSource